Smart investment, Strong finance GOLDEN INFORMATION: The gold price has started the new week with little activity, trading within a tight range just above the $1,950 level in the Asian session. Although this range-bound price movement could still be considered a bullish consolidation phase, caution is advised...
NOVA's comment for gold price: The Gold Price is experiencing a boost as the US Dollar weakens, with the US Dollar Index (DXY) falling to its lowest level in two months. This decline in the US Dollar, coupled with low US inflation expectations, is driving the XAU/USD Price higher. According to the Federal Reserve Bank of New York's Survey of Consumer...
Gold inched closer to the $1,900 mark on Friday following a disappointing US June jobs report, which suggested that the Federal Reserve's aggressive stance on monetary policy had softened. As policymakers gathered to evaluate the next interest rate decision in three weeks' time. If gold fails to maintain a daily close above the $1910-$1900 range this week, its...
The US Dollar has seen some modest strength, which is helping to limit the rise of the XAU/USD. In addition, Federal Reserve Chair Jerome Powell, during his recent testimony, emphasized that the central bank plans to raise interest rates gradually to combat high inflation. Powell also stated that rate cuts are not expected in the near future and that the Fed will...
Gold prices remained relatively unchanged on Thursday, but were still recovering from four consecutive days of decline. The market was cautious due to the uncertainty surrounding the Federal Reserve's upcoming decision on interest rates, which affected traders' confidence in the precious metal. Yesterday, bullion prices briefly dropped to their lowest point in...
The price of gold (XAU/USD) remains at a low point for the week, recovering from a three-day decline near $1,937. Investors are getting ready for an important event this week, which is the bi-annual testimony of Fed Chair Jerome Powell. It's important to mention that negative news about China, along with the Federal Reserve's hawkish stance and positive data from...
am not sure about NFP but from last 10 months its Positive.. and for today surely i want to see it positive again.. On D1 its on Strong Resistant Area getting Rejections from that zone. Lets hop for Bearish.. Dont be fool and Remember Money Management is the only way to stay safe Kindly Like it and do Comment your analysis to support me.
As I said in my older post,it's time to sell Check my older post *FOLLOW ME HERE FOR GIVE DAILLY SIGNALS AND CHARTS ANALYSIS *
Gold price still trading below our trendline and strong bears were observed yesterday. I’d like to see price drop to at least 1740 to complete the bearish bat . Sell signals on smaller timeframe were sent out in the course of today’s movement.
For this set up, I have defined the invalidation level. It is the high of wave 2 (1735.03). If this set to is about to be true then we have ended wave 4 (yesterday high 1729.41 according to the chart I am using here). And we could be otw to wave 5 which wave 5 usually inverse fibo retracement 123.6-161.8% of wave 4 (1587-1543). Wish u all have a good trade.
ZSL provides a short play on silver as an ETF using futures diversified for times to expiration. At present, it has a strong up and scores a 6/8 by the Mark Minervini criteria. A Doji candle a few days ago signaled the end of a brief pullback and so an entry point. XAGUSD as shown on the thick red line is trending downward. The RSI oscillator in conjunction...
from m30 chart it is suggesring gold is ready to test area around 1720. stop area is above 1740.50. trade well.
as we can see there is a lot of power and pressure from sellers you can see in 1h timeframe that how easily they break such important levels red lines are daily key levels and blue zones are our present resistance levels there is a lot chance that gold continue to falling every peacefull contracts and dealings get this precious metal under dollar even now that...
I am going to wait for gold to breakout from the lower trend line to sell gold. H4 macd also supports the short position I am planning to take. If the break out happens with bearish engulfing this would provide momentum for gold to go downside...
hi i think for buy 1692 and 1682 are best area dont forget your risk management
start div price at that price fair value gap in 4H chart OB in 15m chart But for geopolitical issues, selling is risky Be sure to follow capital management
Easy smart setup, XAUUSD is currently bearish, waiting for price to pull back to the supply then Sell
Gold getting ready to hit level 1840 and 1822. Simple clear price action trading here. We see price breaking structure, we've hit our supply and we can see price beginning to retrace, a pullback to the demand zone will be our bias to sell.